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  • Final Glance: Banks companies Thursday, 29 Jan 2015 | 6:14 PM ET

    Bank of America Corp. rose$. 23 or 1.5 percent, to $15.43. Citigroup Inc. rose$. 52 or 1.1 percent, to $47.62. Morgan Stanley rose$. 60 or 1.8 percent, to $34.37.

  • Jan 29- Growth-hungry investors snapped up shares offered by Shake Shack Inc, setting the stage for a sizzling debut for the New York- based burger chain when its stock starts trading on Friday. Shares of the company, which has won a cult following for its rich milkshakes and hormone- and antibiotic-free burgers, priced at $21 each, an underwriter said, valuing the...

  • MELBOURNE/ NEW YORK, Jan 29- Macquarie Group Ltd is in talks to buy Jefferies Group LLC's commodities and financial derivatives brokerage, three sources said, as the Australian bank continues to expand its commodities business while rivals retreat. News of the talks come just a month after the U.S. investment bank, owned by Leucadia National Corp, said it was...

  • Ford results highlight pressure on profit margins Thursday, 29 Jan 2015 | 4:50 PM ET

    Jan 29- Ford Motor Co has two big challenges in 2015- narrowing its loss in Europe where it trails key rivals, and rebuilding North American margins which drive overall profits. Just four months ago, Ford told investors it would lose $250 million in Europe in 2015. It lost money in the region last year despite boosting revenue by $2.2 billion and selling more cars...

  • NEW YORK, Jan 29- The Swiss franc dominated trade on major currency markets again on Thursday, weakening against both the euro and U.S. dollar on renewed speculation of intervention by the Swiss National Bank, while commodity-based currencies fell against the greenback. The euro gained broadly, even in the face of Greek political ructions with the European...

  • Midday Glance: Banks companies Thursday, 29 Jan 2015 | 1:23 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.35. Citigroup Inc. rose$. 14 or. 3 percent, to $47.24. Goldman Sachs rose $1.33 or. 8 percent, to $174.38.

  • FOREX-Swiss franc under pressure, euro broadly stronger Thursday, 29 Jan 2015 | 11:38 AM ET

    NEW YORK, Jan 29- The Swiss franc dominated trade on major currency markets again on Thursday, weakening against the euro and the U.S. dollar on renewed speculation of intervention by the Swiss National Bank, while commodity-based currencies fell against the greenback. "Despite all the uncertainties related to Greece, the euro is trading resiliently off the...

  • Early Glance: Banks companies Thursday, 29 Jan 2015 | 10:40 AM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.35. Citigroup Inc. rose$. 08 or. 2 percent, to $47.18. Goldman Sachs rose $1.86 or 1.1 percent, to $174.91.

  • ATHENS, Jan 29- Greek bank deposits fell in December for the third straight month as savers stepped up withdrawals amid rising political tensions and the prospect of a stand-off with the country's international creditors, and bankers expect the trend will have accelerated in January. Corporate and household deposit balances in December fell 2.4 percent...

  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year. Greece, where an anti-austerity prime minister took over on Monday, also kept investors...

  • UPDATE 3-Deutsche Bank's legal headaches drag into 2015 Thursday, 29 Jan 2015 | 7:03 AM ET

    FRANKFURT, Jan 29- Legal costs will weigh down Deutsche Bank's results well into 2015, Germany's biggest bank said on Thursday, as global investigations into cases such as the alleged manipulation of interest rate and currency benchmarks drag on. Deutsche Bank, which had originally hoped to clear its decks of legal problems in 2014, postponed a big litigation...

  • European shares knocked as oil slide hits earnings Thursday, 29 Jan 2015 | 6:59 AM ET

    *Vallourec warns of impairment, shares fall 5.5 pct. LONDON/ PARIS, Jan 29- Weak corporate updates pegged back European shares on Thursday, as the effects of a recent rout in oil prices knocked back heavyweight energy firms. France's Vallourec featured among the main losers, falling 5.5 percent after the steel pipes maker warned of an impairment charge of 1.0- 1.2...

  • LONDON, Jan 29- Royal Dutch Shell blamed writedowns and forex losses for making almost no money in oil production, its most powerful division, in the last quarter of 2014, causing the company to miss profit forecasts by more than 20 percent. Shell, the largest of the European energy majors, also announced a relatively modest three-year, $15 billion cut in spending...

  • SHANGHAI, Jan 29- Chinese banks seeking to profit from the country's stock market frenzy have bought into the recent surge in margin finance, foiling regulatory efforts to reduce debt-fueled speculation and amplifying the risk if the rally turns into a rout. That exposes China's banking system to greater risks, even as lenders struggle with an economic...

  • UPDATE 1-Greek bank shares edge back up off record lows Thursday, 29 Jan 2015 | 4:49 AM ET

    *Morgan Stanley issues upbeat note on Greek bank shares. The Athens Stock Exchange FTSE Banks Index, which had slumped 27.7 percent on Wednesday to hit all-time lows, rose 6 percent, with investors encouraged by a note from U.S. bank Morgan Stanley. "With Greek bank stocks down up to 30 percent yesterday and down 40 percent in the last week, we re-iterate the long-term...

  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- Stocks fell in Europe and Asia and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signaled it was on track to raise interest rates this year. Greece, where a radical leftist prime minister took over on Monday, also kept investors...

  • FOREX-Dollar firm post-Fed, franc eyed for intervention Thursday, 29 Jan 2015 | 4:12 AM ET

    LONDON, Jan 29- The U.S. dollar inched higher against the yen and was steady to the euro on Thursday after a Federal Reserve statement which, with some caveats, was read as keeping the bank on track to raise interest rates later this year. That prodded U.S. bond yields lower, but the overall picture, of a steadily improving U.S. economy while Europe and Japan remain mired...

  • WASHINGTON— The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from record lows. Paul Ashworth, an economist at Capital Economics, said the statement suggested that the Fed "is still taking the view that the collapse in oil prices is a net positive for the economy."

  • Final Glance: Banks companies Wednesday, 28 Jan 2015 | 6:07 PM ET

    Bank of America Corp. fell$. 43 or 2.8 percent, to $15.20. Citigroup Inc. fell $1.20 or 2.5 percent, to $47.11. Goldman Sachs fell $3.44 or 1.9 percent, to $173.05.

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...